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20121201
20121231
Search Results 0 to 7 of about 8 (some duplicates have been removed)
. how we really globalize. globalization is a big company game. i can go to china and not be afraid. going to africa and compete with the chinese. i can go to russia and say i can manage the risk-reward equation. so that's where a lot of new consumers are and i would say that is a core competency of a multibusiness big company like g.e. so i'd say it's more than those two but those two are important. >> rose: you once said to me tell me what the global economy will look like and the domestic economy will look like and i can can tell you what g.e. will do. >> uh-huh. >> rose: look ahead to the global economy today and tell me how you see it, where it's going and pra what are the prospects for growth? >> i think the world always revolves around a couple fundamentals. one is where are the people? demographics rule. at times when the u.s. grew the fastest was times when the population was also growing the fastest. so the fact there that there's a billion new consumers joining the middle-class in the next five or ten years, you bet be with them. the second is the cost of materials so bas
at the new leadership in china and think they will change the way china is -- >> well, there a new generation,i've met some of them. but the question -- i think they face enormous questions about their own internal political system i hope that there's a real international opportunity to nationalize their currency. instead of that being a threat it's an opportunity for london as a financial center to be the place where ewan trading takes place and, in fa the la cole o months r the first time in our history a chinese bank issues and rnb bond outside china and hong kong so that's because of a lot of hard work in the city of london and with the british government to make britain a place where this new activity takes place. it's a good example of us actually not do so powered by rolls royce engines and airbus planes. the that's a bit anglocentric but there are going to be oductsnd service which is people and theseountriesill want for the first time in their families histories and there's a real opportunity for western businesses. >> rose: the larger middle-class, the emerging nations for anybody w
in china, better economic data out of brazil, improving things in india. looking around and finding not double digit opportunities but single-digit opportunities in what is going to be a tough year fundamentally. dennis: last quick answer, let's say we go over the cliff do stocks tumbled on that? should you buy? >> of course stocks are going to go down. look what happened when they voted down the initial t.a.r.p.. look what happened in the first negotiations. the market will trade down if we go over. is a matter of coming back to the drawing board and coming up with ordinary term solution. if that happens stocks will rebound. dennis: thanks very much. gentlemen. cheryl: apple is in the news today. u.s. patent authorities rejected apple's claims about its hinge to zoom feature, a big setback. you can see the feature on your screen. allows you to use your fingers on the screen to zoom in or out. in august 8th jury ruled samsung had infringed on patents and awarded apple $1 billion in damages. this newest and authority, wipes out at least part of that settlement. will get shares of app
tougher sanctions on north korea but without support from china, options could be limited. this is video from overnight of the celebrations in north korea after the successful rocket launch. many countries believe it is north korea's way of testing its long-range ballistic missile technology. of course, the united states is very concerned about north korea's weapons capabilities this year. robert gates said north korea was within five years of being able to strike the continental united states. the white house condemns the missil launch calling it a highly provocative act that could impact stability in the region. alison burns, ktvu channel 2 news. >>> pope benedict really 16 is now part of the -- pope benedict is now part of the twitter nation. he already has more than 1 million followers who will read miss messages in english, arabic, polish and four other languages. >>> 8:16. pavi shankar has died at the age of 92. boy. he was good. he was known as the good father the world music. in fact -- known as the godfather of world music. in fact, the beatles gave him that name. he continued t
it will consider an appropriate response. but china, north korea's biggest ally, says a moderate response is needed to avoid further escalation. >>> and software pioneer john mcafee is back in the u.s. after being deported from guatemala. he arrived in miami last night and went to an upscale hotel. it's not clear what if any legal issues he faces in the states. officials in belize want to question him in connection with the murder of a neighbor. so this confusing and bizarre story continues. >> indeed. >>> this could be the biggest news story of the day. the announcement that so many of us, and i put myself in this category, the directionally challenged. this is the news we have been waiting for. here we go. google maps is back for apple's iphone 5. the new google maps app for the iphone was released last night. it comes out three months after apple replaced google maps with its own mapping technology. as many of us know, that was a complete disaster. as we have reported. so now google maps are back on the iphone. it was so bad, apple axed two of their executives because that software was so bad. s
Search Results 0 to 7 of about 8 (some duplicates have been removed)